Catrix Daily | Jun 8, 2026

On-chain screaming panic. Options traders quietly buying the dip. Who's right?

AI Forecast
BTC: Bearish 📉 22/100 | ETH: Extreme Bearish 📉 13/100

Stablecoin reserves down 24% this month — the dry powder that funds recoveries is evaporating. Real yields still at a 6-month high. No macro tailwind yet.

Today's Focus: Market Cycle
→ BTC: STH NUPL (Short-Term Holder Net Unrealized P/L): -0.236, capitulation. F&G (Fear & Greed): 12. Recent buyers deeply underwater — but call skew just hit 96.7th pct. Someone's positioning for a turn.
→ ETH: MVRV (Market Value to Realized Value): 0.74 — trading 26% below cost basis. NUPL: -0.24, deep capitulation. Only 31% of supply in profit. Options skew Z=+2.03, contrarian upside bets piling in.

Does the smart money know something, or is it too early?
insight.catrix.xyz